Azerbaijan recorded a Current Account surplus of 628 USD Million in the first quarter of 2021. source: Central Bank of the Republic of Azerbaijan

Current Account in Azerbaijan averaged 1289.61 USD Million from 1999 until 2021, reaching an all time high of 6029 USD Million in the second quarter of 2008 and a record low of -806 USD Million in the third quarter of 2020. This page provides - Azerbaijan Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Azerbaijan Current Account - values, historical data and charts - was last updated on July of 2021.

Current Account in Azerbaijan is expected to be 1400.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Azerbaijan to stand at 1400.00 in 12 months time. In the long-term, the Azerbaijan Current Account is projected to trend around 1400.00 USD Million in 2022, according to our econometric models.

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Azerbaijan Current Account

Actual Previous Highest Lowest Dates Unit Frequency
628.00 -20.00 6029.00 -806.00 1999 - 2021 USD Million Quarterly

Azerbaijan Trade Last Previous Highest Lowest Unit
Balance of Trade 1548839.00 167956.80 8201764.00 -306551.00 USD Thousand [+]
Current Account 628.00 -20.00 6029.00 -806.00 USD Million [+]
Current Account to GDP -0.50 9.10 35.30 -31.90 percent of GDP [+]
Imports 2291785.00 2657072.70 4754916.00 312012.00 USD Thousand [+]
Exports 3840624.00 2825029.50 9996038.00 129728.00 USD Thousand [+]
Capital Flows 296.00 1157.00 4414.00 -2980.00 USD Million [+]
Crude Oil Production 726.71 732.52 1072.00 168.00 BBL/D/1K [+]
Gold Reserves 0.00 0.00 30.20 0.00 Tonnes [+]
External Debt 15840362.60 16212184.50 16212184.50 35540.00 USD Thousand [+]
Foreign Direct Investment 1136.00 1284.00 2231.00 586.00 USD Million [+]
Remittances 105.00 238.00 286.08 -170.00 USD Million [+]
Terrorism Index 0.30 0.70 2.93 0.09 [+]
Tourist Arrivals 30950.00 12777.00 30950.00 2009.00 [+]


Azerbaijan Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).